Analystenmeinung zu Conexant..... - 500 Beiträge pro Seite

[lonesome loser]

ist zwar von Mitte Juli, aber die Aussage ist
schon verblüffend. Momentan steht die Aktie bei
28$, dass wären bei KZ 140$ 400% Plus!!!! also downgraded auf buy, ist doch logisch, oder?

Armes Analystenvolk.

Princeton, New Jersey, July 20 (Bloomberg Data) -- Conexant Systems Inc. (CNXT US) was reiterated ``buy`` by analyst Alvin Kressler at Kaufman Bros. The target price was cut to $140 from $175 per share.

[Tasillo]

...und warum tut sich dann nichts??????
Oder ist es so wie bei Symentec(SYMC,879358),es hält sich das Gerücht: ein oder mehrere Fonds versuchen mit geziehlten
Verkäufen Stopp -Loss Orders auszulösen um Kleinanleger rauszudrücken.
Um dann selbst absolut billig einzusteigen.

Gruss vom Bodensee

[lonesome loser]

Noch eine Empfehlung vom 3.8. beim stand von 35$

Morgan Stanley Dean Witter

Conexant "Stong Buy" Datum : 03.08.2000

Die Aktie des Halbleiterlieferanten für Kommunikationshardware Conexant
(WKN 917511) wird von den Analysten von Morgan Stanley Dean Witter zum
Kauf empfohlen.
Conexant verfüge über gute Produkte und viel Erfahrung in der Entwicklung
von ICs ( Modem Integrated Circuits ). Das Unternehmen baue seine führende
Position aus und zeige attraktive Wachstumschancen in einem
aussichtsreichen Marktsegment.

Die Aktie sei zur Zeit unterbewertet, die Analysten sehen einen günstigen
Zeitpunkt, um mittel- oder langfristig in die Aktie zu investieren.

Der Gewinn pro aktie betrage 0.85 USD für das Jahr 2000 und 1.10 USD für
das Jahr 2001. Das Fünfjahreswachstum liege bei 25 %.

Das Kursziel erwarten die Analysten bei 100 USD

[lonesome loser]

Tue Sep 05, 2000
• Alert: Frost Securities reiterates coverage of CNXT at Strong Buy, price target $100 (Headline only) Briefing.com - 01:53 PM EDT

ganz frisch, bald gehts los!

[lonesome loser]

Und der Markt gibt auch grünes Licht!

Chip sales rise, stocks fall
Industry scores another sales record, but analyst`s downgrade hurt stocks
By Staff Writer Richard Richtmyer
September 5, 2000: 4:43 p.m. ET


NEW YORK (CNNfn) - A chip industry trade group said Tuesday that worldwide semiconductor sales in July soared to record levels, but the report`s impact on Wall Street was muted by an analyst`s bearish forecast for industry leader Intel.

Based on a three-month rolling average, the Semiconductor Industry Association said global chip sales in July were $17.3 billion, up 50 percent from $11.5 billion in the same period a year earlier.

Continued demand in Internet infrastructure and wireless communications fueled the growth, which the SIA said was strong in all geographic regions. At 57.3 percent, sales growth was strongest in the Asia Pacific region; followed by Japan, which rose 52 percent; Europe, where sales rose 46.5 percent; and the Americas, which posted a year-over-year sales increase of 46.1 percent.

The SIA`s report, however, was overshadowed on Wall Street by negative comments from an analyst regarding Intel, the world`s largest supplier of PC microprocessors. Ashok Kumar of Piper Jaffray downgraded his rating on Intel to "buy" from "strong buy," citing looming weakness in demand for PC processors. The report cast a pall across the entire chip sector, pulling the Philadelphia Stock Exchange`s semiconductor index 1.8 percent lower to 1,121.75.

Doug Andrey, the SIA`s director of finance, said the industry`s growth is being driven primarily by communications-related products such as digital signal processors, or DSPs, which are used in a wide range of electronics, including digital cellular phones and high-speed Internet access devices.

"Communications chips have been the strongest part of this recovery," Andrey said in an interview Tuesday. "If you just look at revenue growth last year, we had DSP up 25 percent but processors were only up 9 percent."

While PCs remain the largest single market for semiconductors, the SIA expects communications chips -- including DSPs, flash memory and chips used in fiber-optic networking -- to represent an increasing portion of total end-market demand moving ahead.

In its most recent growth forecast, the SIA said it expects worldwide semiconductor sales to rise 31 percent in all of 2000, with revenue of $195 billion. However, the forecast calls for PC microprocessor growth of only 16 percent during that time. Meanwhile, DSPs are expected to post a 55 percent growth rate, while flash memory sales are expected to rise 116 percent.

"Our view is that the industry remains very strong," Andrey said.

Tim Mahon, a chip industry analyst at Credit Suisse First Boston agreed. He said the latest sales report, while a trailing indicator, "is another affirmation of the industry`s current cyclical upturn and a positive data point reflecting a strong start to the industry`s September quarter."

[lonesome loser]

Conexant to Separate Into Two Independent Communications Semiconductor Companies Focused On Internet Infrastructure and Personal Networking Applications
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Sept. 13, 2000--


Initial Public Offering of Internet Infrastructure Company Targeted for January 2001

Conexant Systems Inc. (Nasdaq:CNXT) Wednesday announced that its board of directors has approved a plan to separate Conexant into two independent communications semiconductor companies in order to focus its broad product and technology portfolio on two major market segments of the rapidly growing communications semiconductor industry.

One company, comprised of Conexant`s current Network Access Division, will focus on providing complete semiconductor and software solutions for manufacturers of Internet infrastructure equipment. The second company will concentrate on personal networking applications by delivering semiconductor systems solutions to manufacturers of products for mobile communications and the broadband digital home.

The second company will include Conexant`s four other product divisions: wireless communications, digital infotainment, personal imaging and personal computing.

Conexant intends to spin off the Internet infrastructure business as an independent public company through a two-step process. The first step will consist of an initial public offering of stock in the new company targeted for January 2001. This will be followed within six months by a tax-free distribution of the remaining shares to Conexant shareowners. Completion of the spin-off is conditional upon receiving an IRS ruling that it will qualify as a tax-free distribution.

"The creation of two strong communications semiconductor companies focused on the Internet infrastructure and personal networking markets is a strategic milestone for Conexant," said Dwight W. Decker, Conexant chairman and chief executive officer.

"Over the past five years, we have successfully focused our efforts and investments on building these two leadership businesses. Today, they are quite different, characterized by distinct sets of both customers and competitors. We believe that separating our Internet infrastructure and personal networking businesses into two independent entities will allow each company to sharpen its customer focus, enhance its competitive position, and realize its full growth potential.

"Our Internet infrastructure business has grown 100 percent per year over the past two years and is currently delivering gross margins of approximately 65 percent," Decker continued. "In the past eight months, we have augmented our strong internal product portfolio development with six acquisitions to build an Internet infrastructure powerhouse capable of approaching $1 billion in revenues over the next calendar year.

"The personal networking company will continue its focus on high volume, high-growth opportunities with breakthrough solutions for DSL and cable modems, digital set-top boxes, and accelerating diversification from CDMA to GSM and TDMA digital cellular handsets," Decker said.

"Over the past two years, this business has more than doubled its shipments of personal networking products. This year alone, it will bring the power of mobile communications and the Internet to more than 200 million people worldwide."

The new Internet infrastructure company will be fabless, while the personal networking company will retain Conexant`s process technology and manufacturing assets. The two companies will enter into a multi-year technology and marketing alliance in order to continue Conexant`s strategy of providing differentiated end-to-end connectivity solutions that leverage the shared communications link between the edge of the Internet and personal networking products.

Additional details concerning the separation, including the management and board of directors of each company and which company will retain the Conexant name, will be announced in the coming months.

The New Internet Infrastructure Company


Internet infrastructure product sales are expected to exceed $550 million in Conexant`s current fiscal year, ending Sept. 29, 2000, accounting for approximately 30 percent of total company revenues. The Internet infrastructure business offers a complete portfolio of semiconductor and software solutions ranging from physical-layer access devices at the edge of the Internet up through switch fabric and network processor products for the high-speed optical core.

Products for the Internet infrastructure are grouped into three high-growth areas: wide area network (WAN) transport, multi-service access, and broadband access. Solutions for WAN transport focus on packet-based optical networks by providing a complete range of physical-layer transceivers, ATM products and network processors.

The multi-service access business includes a comprehensive family of multi-service carrier IP gateway products with industry-leading voice over IP solutions. The broadband access portfolio offers one of the industry`s broadest lines of symmetrical and asymmetrical DSL solutions.

Internet infrastructure customers include tier-one manufacturers of Internet infrastructure equipment such as Cisco Systems, Lucent Technologies, Nortel Networks and Alcatel; as well as emerging leaders such as Juniper Networks, Redback Networks and Sycamore Networks.

The New Personal Networking Company


Personal networking product sales are expected to exceed $1.5 billion in Conexant`s current fiscal year and account for approximately 70 percent of total company revenues. The personal networking company will focus on delivering integrated semiconductor and software solutions for mobile communications and the broadband digital home.

The personal networking company`s product portfolio will address high-growth markets including broadband cable and DSL modems, home networking and digital cable and satellite set-top box solutions. Products for home and small-office applications include digital imaging and video devices and data and facsimile modems.

Mobile communications solutions comprise one of the industry`s broadest wireless product offerings for CDMA, GSM and TDMA digital cellular handsets, and include power amplifiers, radio frequency subsystems and complete systems.

The personal networking company will continue to benefit from the ability to leverage common product feature sets, marketing and sales channels and high-volume manufacturing capabilities across its personal networking communications products.

Personal networking customers include the leading manufacturers of mobile and broadband access communications devices, personal computers, and Internet gaming consoles, such as Ericsson, Nokia, Samsung, Hughes, Echostar Communications, Compaq Computer, Dell Computer, Hewlett-Packard, Canon, Sharp, Nintendo, Sega and Sony.

nachbörslich bei steht CBXT bei $43......

[lonesome loser]

TITLE"ROBERTSON STEPHENS ON CNXT
San Fransico/Sept14/PR Newswire
Anaylist Arun Veerappan
In our opinion,the spin off of the Internet infrastructure business will unlock significant value from the CNXT stock.
CNXT cap is 9.2 Billion.Applying forward price to sales multiplies from competing semiconductors Co,`s ,we believe that the Internet infrastrycture business stand alone Co. of CNXT has the potential to geberate 10 Billion in market cap,not including the 2nd Co".

Das Ende der Fahnenstange ist noch lange nicht erreicht!

[lonesome loser]

Analystenempfehlungen seit Juli 2000...


9/15/00 Dain Rauscher Conexant Systems Reiterated `Strong Buy` at Dain Rauscher Bloomberg
9/14/00 Bear Stearns Conexant Systems Reiterated `Attractive` at Bear Stearns Bloomberg
9/14/00 Kaufman Bros. Conexant Systems Reiterated `Buy` at Kaufman Bros. Bloomberg
9/14/00 SG Cowen Conexant upgraded from Buy to Strong Buy at SG Cowen Briefing.com
9/14/00 Chase H&Q Conexant upgraded from Market Perform to Buy at Chase H&Q Briefing.com
9/14/00 CE Unterberg Towbin Conexant upgraded from Buy to Strong Buy at CE Unterberg Towbin Briefing.com
9/14/00 Chase H&Q Conexant Systems Raised to `Buy` at Chase H&Q Bloomberg
9/14/00 CE Unterberg Towbin Conexant Systems Raised to `Strong Buy` at CE Unterberg Towbin Bloomberg
9/14/00 SG Cowen Conexant Systems Raised to `Strong Buy` at SG Cowen Bloomberg
9/14/00 Frost Securities Conexant Systems Reiterated `Strong Buy` at Frost Securities Bloomberg
9/5/00 Frost Securities Conexant Systems Reiterated `Strong Buy` at Frost Securities Bloomberg
7/28/00 Davenport & Co. Conexant Sys Reiterated `Strong Buy` at Davenport & Co. Bloomberg
7/21/00 Lehman Conexant Sys Rated New `Outperform` at Lehman Bloomberg
7/21/00 Banc of America Conexant Systems Reiterated `Strong Buy` at Banc of America Bloomberg
7/21/00 Lehman Brothers Conexant initiated at Lehman Brothers with a Buy Briefing.com
7/21/00 CSFB Conexant Systems Reiterated `Strong Buy` at CSFB Bloomberg
7/20/00 CE Unterberg Towbin Conexant Systems Reiterated `Buy` at CE Unterberg Towbin Bloomberg
7/20/00 First Allied Conexant Systems Reinstated `Strong Buy` at First Allied Bloomberg
7/20/00 Kaufman Bros. Conexant Systems Reiterated `Buy` at Kaufman Bros.

[luca23]

schwacher beginn an der nasdaq, sollte man verkaufen, um am montag nicht dumm aus der wäsche zu schauen, oder sind das nur kurzfrisige schwankungen??

[lonesome loser]

Nach so einem Anstieg sind Korrekturen normal, auch wenn es 20% minus
sind. Doch "langfristig" gesehen war dies erst der Anfang. Bis Ende des Jahres sehen wir die $75, und wenn der spin-off kongret wird, dann knallt`s nochmal gewaltig! KZ altes Alltimehigh.

[lonesome loser]

und es hagelt wieder News....

http://www.nasdaq.com/asp/quotes_news.asp?symbol=CNXT%60&sel…

[lonesome loser]

langsam kommen die Analys wieder aus ihren Löchern:

Alert: Frost Securities reiterates coverage of CNXT at Strong Buy, price target $100

weiter geht`s

[lonesome loser]

Conexant Systems Reiterated `Strong Buy` at Banc of America
9/20/00 6:30:00 AM
Source: Bloomberg News

Princeton, New Jersey, Sept. 20 (Bloomberg Data) -- Conexant Systems Inc. (CNXT US) was reiterated ``strong buy`` by analyst Alex Gauna at Banc of America Securities. The target price is $150 per share.

[lonesome loser]

Conexant Brings Low-Cost GPS Capability to Mobile Computing Devices
Thursday, September 21, 2000 06:05 AM Mail this article to a friend

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Sept. 21, 2000--Conexant Systems Inc. (Nasdaq:CNXT, news, msgs), Thursday announced a new high-performance global positioning system (GPS) satellite receiver solution, designed to help manufacturers add low-cost GPS capability to personal digital assistants (PDAs), laptops and other mobile computing devices.
Conexant`s highly integrated solution -- complete with a GPS receiver, antenna and optional plastic casing -- provides customers with a flexible GPS offering for devices with either serial port (RS232) or universal serial bus (USB) interfaces.

"Customers who do not have the resources to develop and build custom GPS sensors for this growing market can use Conexant`s new TU70 family to help quickly bring serial cable or USB products to market," said Lars Boeryd, GPS product line manager for Conexant`s Wireless Communications Division.

Recognized as the world`s premier navigation satellite system, GPS is a 24-satellite constellation that allows users to pinpoint their exact location anywhere on the planet in real time. Originally developed for military applications, GPS applications are becoming more mainstream, moving into consumer applications.

"Consumer GPS applications are hot -- being used for automobile navigation purposes and outdoor recreational activities, including hiking, running and golfing, to help consumers track where they are and how to get where they are going," said Ray Jodoin, group manager of wireless technology for Cahners In-Stat Group. "We expect to see more than a 10-fold increase in wireless location products by 2004."

Building on its 30-year history in the GPS market, Conexant`s robust, high-performance TU70 family is available in three versions that make it easier to design GPS capability into OEM solutions, or to add complete plug-and-play GPS capability to PCs and other serial-based applications.

The serial and USB solutions, noted below, make it possible to add GPS to a PC or laptop via a single cable that provides power as well as a data interface.

-- GPS Satellite Receiver Board (TU70-D100-041): Module-level

"smart" antenna (electronics plus antenna) product includes a

simple board with GPS components and a CMOS data signal

interface.

-- GPS Satellite Receiver Solution for Serial Cable Products

(TU70-D200-001): Full-assembly product for serial cable

interface devices comes complete with GPS components, "smart"

antenna and plastic housing. The RS232 serial cable and

connector includes a "y" connection to the PC PS2 port that

provides power to the receiver solution.

-- GPS Satellite Receiver Solution for USB Products

(TU70-D20-011): Full-assembly product for USB interface

devices comes complete with GPS components, "smart" antenna

and plastic housing. The included cable and connector also

supplies power for the GPS solution from the PC USB port.

A hardware accelerator option is also available for the TU700-D200 products. This option, which improves GPS performance and maximizes battery life, enables search times of less than 10 seconds -- providing the fastest satellite acquisition in the industry.

Samples of Conexant`s TU70 GPS family will be available in November with volume production slated for January 2001. In quantities of 5,000, the TU70-D100-041 is priced at $62.90, the TU70-D200-001 at $85.90 and the TU70-D20-011 at $96.90.

Visit the company at the GPS ION`00 Show -- Booth No. 112 in Salt Lake City, Sept. 19-22, 2000.

[lonesome loser]

Conexant Cuts Cost of Adding Bandwidth At Sites Throughout the Internet Infrastructure
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Sept. 25, 2000--


New 10 Gbps Interconnect Device Will Help Ease Internet Bandwidth Bottleneck By Reducing Costs Of Adding Equipment At Central-Office, Point-Of-Presence And Portal Sites

Conexant Systems, Inc. (Nasdaq:CNXT) today unveiled a solution that significantly cuts the costs of interconnecting high-speed networking equipment, co-located within 300 meters of each other in a service provider`s central office (CO) or point of presence (POP). The device, the CX29900 very short reach (VSR) converter, supports the proposed 10 Gbps VSR interface standard, which uses parallel optics to provide a more economical alternative to serial-optical links for building the broader, higher-speed data pipes that are required to meet today`s escalating bandwidth demands.

"VSR is rapidly gaining momentum as an important solution for today`s Internet upgrade challenge," said Warner Andrews, vice president of strategic marketing for Conexant`s Broadband Internetworking Systems business unit. "Our device immediately satisfies 10 Gbps OC-192 bandwidth demand and sets the stage for migrating to 40 Gbps OC-768 capabilities using the same technology."

Conexant has begun sampling its CX29900 VSR converter (VSRC) to leading networking and telecommunications equipment manufacturers who plan to deploy the cost-effective technology, including CIENA Corporation and others. Conexant`s VSRC device complies with specifications that have won support from major communications companies who are collectively finalizing an implementation agreement within the Optical Internetworking Forum (OIF). Conexant`s VSR technology also was recently included in a Cisco 12000 Series Internet router in the industry`s first public demonstration of 10 Gbps (OC-192) VSR interconnects. VSR links will be used for a wide variety of applications including high-speed gigabit and terabit routers, dense wavelength division multiplexing (DWDM) terminals and synchronous optical network/synchronous digital hierarchy (SONET/SDH) add-drop multiplexers (ADMs).

The CX29900 VSRC device enables the development of 10 Gbps VSR modules that use parallel optics and have the same size and power consumption of 2.5 Gbps OC-48 interfaces while offering four times the bandwidth at substantial cost savings over a 10 Gbps serial link. It allows telecommunications carriers and Internet service providers (ISPs) to incorporate low-cost modules into their SONET/SDH equipment that can be interconnected by a parallel optical fiber cable for link distances up to 300 meters. This becomes particularly important to carriers and ISPs as their CO and POP architectures become more congested with Internet Protocol (IP) traffic and they must quickly and economically add new equipment, capable of handling higher data rates between shared routers and core switches.

Optical module supplier W.L. Gore & Associates, Inc. will be working with Conexant and its key customers to provide the parallel optical module portion for a complete VSR interconnect solution. "We are excited to be working with Conexant on these next-generation interconnect solutions that will enable OC-192 connectivity at the lowest cost," said Craig Theorin, business leader of nLighten(TM) parallel optic data links at W.L. Gore & Associates, Inc.

Technical Details


The CX29900 device leverages existing Gigabit Ethernet technology and proven 12-channel parallel optics to provide a complete transceiver/multiplexer optical interface. Ten of the 12 channels transmit SONET framed data in a serial round-robin approach at 1.25 Gbps. Channel protection and error detection/correction are handled by the two auxiliary channels, which are transparent to the end-user in the point-to-point transmission of data. On the receive side, the data is recovered, re-timed, skew-compensated and presented to the SONET OC-192 framer.

Manufactured in a 0.18-micron complementary metal oxide semiconductor (CMOS) process, the CX29900 device includes a highly integrated encoder, as well as serialization/deserialization (SerDes) and clock data recovery (CDR) circuitry. Its interfaces are compatible with production-ready optical modules and OIF`s 16-bit, 622 MHz SONET framer interface proposal (OIF1999.102). It also includes glueless interfaces to Conexant`s OC-192 SONET framer ICs and to Conexant`s growing family of ring access controller (RAC) devices that provide interconnections with Cisco`s dynamic packet transport (DPT) routers. Cisco`s DPT technology is an emerging open standard for high-bandwidth, resilient ring network topologies that are aimed at optimizing metropolitan area networks (MANs) to carry large and rapidly growing volumes of packet traffic and services in a scalable, robust and cost-effective manner.

The CX29900 VSRC device is packaged in a 27mm plastic ball grid array (PBGA) and priced at $175 each in 1,000-unit quantities. Available in sample quantities now, the CX29900 will enter volume production in the first quarter of 2001.

[lonesome loser]

Conexant Enables Next-Generation Wireless Networks With Industry`s Highest-Performance Fractional RF Synthesizers
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Sept. 25, 2000--


Solution Simplifies Design Process For Next-Generation GSM And Third-Generation WCDMA Wireless Handsets And Infrastructure Applications

Conexant Systems, Inc. (Nasdaq:CNXT) Monday announced new frequency synthesizers designed for next-generation wireless phone, satellite, two-way paging, two-way radio and wireless local-area network (LAN) applications.

Offering industry-leading performance and software programmability, Conexant`s Synthesizer Phase-Lock Loop (PLL) family will decrease the number of components typically required to implement a radio frequency (RF) subsystem.

Frequency synthesizers are key building blocks required in the design of all wireless products -- from mobile phones to wireless infrastructure equipment such as base stations and satellite terminals. They create the RF signal used by cellular handsets and base stations to send and receive wireless voice and data transmissions.

This marks the first time that Conexant has sold synthesizers as standalone components. These products are currently integrated into the company`s family of proven wireless subsystems.

"Expanding our RF component offering with products such as the Synthesizer PLL family is a key strategy for growing our customer base in the wireless arena," said Mohy Abdelgany, vice president of Conexant`s wireless communications division. "With this introduction, Conexant will help make next-generation phones more quickly available to consumers worldwide."

"Conexant`s synthesizer solutions are uniquely positioned to help manufacturers overcome the challenges associated with designing products for next-generation wireless networks," said Jeff Robillard, product line manager in Conexant`s wireless communications division.

"As carriers deploy next-generation (2.5G and 3G) wireless networks, these systems will co-exist with legacy mobile/cellular systems, increasing the demand for terminal and infrastructure equipment.

"Conexant`s line of fractional synthesizer PLLs provides flexibility to support both existing and future networks by enabling multi-mode, multi-band and backward-compatible operation in handset and base station applications."

Current and future wireless applications require frequency synthesizers that offer high performance such as fast settling time (frequency switching speed), low phase noise and small frequency step size.

Fast settling time, typically under 200 microseconds, is required by wireless network applications such as global standard for mobile communications (GSM), wideband code division multiple access (W-CDMA) and enhanced data rates for global evolution (EDGE) to enable them to send a signal and quickly reset to send another signal to meet data throughput requirements.

The Conexant Synthesizer PLL family features settling times under 200 microseconds, which is approximately 80 percent faster than competitive solutions. Low phase noise improves the ability of the RF circuit to generate and maintain signals over a longer distance, enhancing wireless transmission with fewer lost connections. The Conexant Synthesizer PLL family offers phase noise as low as -95dBc/Hz, more than 90 percent lower than alternative offerings. Wireless applications supporting multi-mode, multi-band and backward compatible operation must support multiple frequency plans and channel sizes.

The Conexant Synthesizer PLL family, which offers frequency step sizes of under 100 Hz, can be programmed to accommodate almost any frequency plan and step size.

In addition to demanding high levels of performance, current- and next-generation wireless applications also require low power consumption to preserve battery life of mobile devices. The Conexant Synthesizer PLL family offers power consumption as low as 14 milliwatts.

Conexant`s synthesizer family includes the CX74038 and CX74039, announced today, as well as the CX72300 (formerly PS2500), CX72301 (formerly PS1200) and CX72302 (formerly PS6500), announced by Philsar Semiconductor in February 2000 prior to its acquisition by Conexant.

The CX74038 and CX74039 are optimized for mobile applications in which power consumption is critical, and the CX72300, CX72301 and CX72302 are ideal for base stations and wireless infrastructure devices that require higher performance.

Pricing and Availability


The CX74038 and CX74039 are packaged as a 20-pin thin shrink small outline package (TSSOP) and manufactured using a high-performance BiCMOS process. The devices are priced at less than $3 in volumes of 10,000. Engineering samples of the 20-pin TSSOP device are available now, and production quantities will be available in the fourth quarter of 2000.

Devices in 5 mm x 5 mm land grid array (LGA) packaging are also expected to be available in the fourth quarter of 2000. Technical details about Conexant`s Synthesizer PLL family are available at www.conexant.com.

[lonesome loser]

Xilinx and Conexant announce licensing agreement of SkyRail 3.125 Gbps CMOS Serial Transceiver Technology
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Sept. 25, 2000--


High-Bandwidth Interconnect Technology Targets Next Generation Networking Solutions

Xilinx, Inc. (NASDAQ:XLNX) and Conexant Systems, Inc. (NASDAQ:CNXT) today announced they have entered into a strategic development and licensing partnership to integrate Conexant`s high-speed serial transceiver technology into the Xilinx(R) next-generation Virtex(TM)-II field programmable gate arrays (FPGAs), providing network system manufacturers with cost-effective, fast time-to-market building blocks for next generation Internet infrastructure equipment.

The agreement provides Xilinx with a license to Conexant`s SkyRail* 3.125 Gb/sec CMOS serial transceiver technology. Conexant`s CMOS transceivers provide a five-fold decrease in operating current as compared to currently available galium-arsinide (GaAs) implementations, while at the same time facilitating integration into complex CMOS digital ICs such as FPGAs.

"Conexant is delighted to have the world`s foremost FPGA company endorse and integrate our leading-edge 3.125 Gb/sec CMOS transceiver technology," said Richard Egan, vice president in Conexant`s Broadband Internetworking Systems business unit. "Building an ecosystem of suppliers and industry partners is a key step in establishing SkyRail as the industry-standard high-speed interconnect in next-generation designs."

The integration of Conexant`s innovative SkyRail* CMOS transceivers within the Xilinx Virtex-II FPGA architecture creates a single chip with the ability to offload multi-gigabits of serial data streams. The unprecedented combination of gigabit interconnect technologies coupled with embedded processors and related IP within an industry-standard FPGA will allow designers to create highly integrated solutions for high-speed networking, telecommunications and storage arrays.

"In creating our next-generation Virtex-II FPGAs, we felt it was critical to include high-speed serial interconnect technology, as leading system architects are increasingly employing gigabit serial interconnect technologies as the means to connect high-bandwidth elements within their systems. The multi-gigabit data rates coupled with the innovative low-power CMOS design of the SkyRail transceivers make them ideal solutions to meet the need for ever-escalating bandwidth requirements, " said Erich Goetting, vice president of Product Development for the Xilinx Advanced Products Group. "The Conexant CMOS design enables us to leverage our industry-leading CMOS process technology partnerships and ensures our continued leadership in redefining the FPGA."

The high-speed SkyRail transceiver is compliant with industry standards such as Gigabit Ethernet and Fibre Channel in addition to the emerging 10-Gigabit Ethernet (IEEE 802.3ae) standard. By integrating quad transceivers, which are used to create 10-gigabit attachment unit (XAUI) interfaces, a single FPGA can interface to both 10-Gigabit Ethernet and OC-192c. The high-speed transceiver is also compliant with the 2.5 Gbps InfiniBand(TM) architecture standard being created by the InfiniBand(TM) Trade Association. Member companies include Intel, Cisco Systems, IBM, Sun Microsystems, Hewlett-Packard and Microsoft.

wieder ganz schön was los heute....

[lonesome loser]

Learn if There`s Gold in Bluetooth Technology With Conexant and Analyst Joyce Putscher on `Tech Check Radio` Today

ROSEVILLE, Calif., Sept. 27 /PRNewswire/ -- Supporters think Bluetooth holds gold for those companies that grab market share and push this technology into the world`s homes and offices. To find out what Bluetooth technology is all about, and why investors are getting excited about it, make sure to listen to today`s "Tech Check" radio show, the weekly radio program on technology from InformedInvestors.com. Dial in the show on WALE 990 AM in southern New England, or on the Web at www.informedinvestors.com and http://www.broadcast.com/shows/informedinvestors at 1 p.m. Eastern time (10 a.m. Pacific time). Send questions during the show to co-host Tim Quast at [e-mail].

Cedric Paillard, senior product manager from leading wireless developer Conexant Systems (Nasdaq: CNXT) will share his company`s strategy for employing Bluetooth as the gold standard in wireless connectivity. Analyst Joyce Putscher, Director of the Consumer and Converging Markets Group at Cahners In-stat, will discuss the latest industry developments and key trends. Bluetooth technology uses short-range radio waves to link electronic equipment together without using wires, and works over distances up to about 30 feet. It is expected to become a standard for personal area networks and used in a variety of products and applications. For example, Conexant expects to bring wireless capability to such applications as transmitting digital photos directly from a Bluetooth-equipped camera to a mobile PC. Another application might be downloading email from a cell phone to a laptop on the fly. At Cahners In-Stat, Putscher is responsible for the Multimedia and Digital TV Services and contributes as analyst for the Multimedia Information Service. Cahners In-Stat Group, based in Newton, MA, is a high-technology market research firm with comprehensive understanding of convergence, networking, wireless, telecommunications, Internet, enterprise software, and semiconductor markets.

InformedInvestors.com is the conduit for unfiltered communication between individual investors and the executives of technology and biotechnology companies. Live virtual and onsite Forums, special webcasts, original editorial pieces and weekly radio shows help put individual investors in the analyst`s chair.

[LuisFigo]

Hi,

auch ich bin in CNXT investiert.

Die Frage, die sich mir stellt, ist nur: warum tut sich das verdammte Ding so schwer, obwohl es überall empfohlen wird?
Mit Kurszielen jenseits der $ 100 - Grenze?

Conexant ist doch ein Nasdaq 100 - Wert und somit Pflichtprogramm für viele Institutionelle, oder!?

Gruß
Luis Figo

[lonesome loser]

Davon wird auch CNXT profitieren...


Entwicklung des Chip-Marktes

Die WSTS sieht in einer Studie zum Halbleitermarkt folgende weltweite Gesamtentwicklung: 1994 wurden 101,9 Mrd. US-Dollar umgesetzt. Ein Jahr später, auf dem Hoch des letzten Zyklus waren es 144,4. 1998 lag das jüngste Tief mit 125,6 Mrd. US-Dollar. Im Folgejahr wurde der bisherige Höchststand mit 149,4 Mrd. US-Dollar getoppt. Im laufenden Jahr sollen 206,5, im nächsten 259,2 Mrd. US-Dollar umgesetzt werden.

Analoge und mixed-Signal Bauteile entwickeln sich von 13,6 Mrd. US-Dollar im Jahre 1994 ohne nennenswerten Rückschlag auf in 2001 erwartete 38,7 Mrd. US-Dollar.

Dieser Verlauf gilt auch für die Logik-IC’s, die im selben Zeitraum von 42,1 auf 116,4 Mrd. US-Dollar springen sollen. In diese Gruppe fallen als größte Einzelposten Mikroprozessoren, DSP`s (Digitale Signalprozessoren) und programmierbare Logikbauteile.

Die Speicher haben sich in der Vergangenheit sehr stark zyklisch entwickelt. 1994 noch bei 32,5 Mrd. US-Dollar stiegen sie ein Jahr später auf 53,4 Mrd. US-Dollar. Dieses Niveau sollen sie erst in diesem Jahr wieder erreichen. 1998 brachen sie auf 23 Mrd. US-Dollar ein.

Verantwortlich für diese ungleichmäßige Entwicklung ist vor allem ihre Untergruppe DRAM, die 1994 bei 23,4 Mrd. US-Dollar lag, 1995 auf 40,8 hoch schnellte, 1998 bei 14 noch unter den 1994-er Wert fiel und erst im Jahre 2001 bei 42 Mrd. US-Dollar ein neues Allzeit-Hoch erreichen soll. Für das laufende Jahr wird mit einer Steigerung von etwas mehr als 50 Prozent gegenüber dem Vorjahr auf 31,8 US-Dollar gerechnet.

Die diskreten Bauteile entwickeln sich zwar ebenfalls stärker zyklisch, können sich aber immerhin von 1994 mit 10,5 Mrd. US-Dollar auf erwartete 21,7 Mrd. US-Dollar im Jahre 2001 mehr als verdoppeln.

Eine sehr viel geradlinigere Entwicklung weist die Optoelektronik auf: Von 3,2 Mrd. soll sich ihr Wert auf 9,4 Mrd. US-Dollar im Jahre 2001 fast verdreifachen.

Die Segmente mit den größten Zuwächsen im nächsten Jahr sind nach dieser Marktuntersuchung (Zahlen in Prozent):


Speicher 37,3
...davon DRAM 32,1
Analog und mixed-Signal 27
Optoelektronik 20,5
Logik IC`s 20
Diskrete Bauteile 19,9

Das Steigerungspotenzial für die Optoelektronik dürfte zu niedrig angesetzt sein.

08:17 1.10 Klaus Singer

[LuisFigo]

Bleibt immer noch meine Frage ...

Warum tut sich die Aktie so schwer? Liegt das denn ausschließlich am derzeit schlechten Umfeld?

Wenn Börse Online Recht behält, bringt der geplante Spin Off Anfang 2001 alleine $ 90 - 100 Kurspotential.

[lonesome loser]

Conexant Completes NetPlane Acquisition

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Oct. 2, 2000--Conexant Systems, Inc. (Nasdaq: CNXT) Monday announced that it has completed its acquisition of NetPlane Systems, Inc. (formerly Harris & Jeffries, Inc.) of Dedham, Mass., which will operate as a wholly owned subsidiary.

NetPlane, which will remain in its Dedham location, is a leading developer of portable, communications software solutions for asynchronous transfer mode (ATM), multi-protocol label switching (MPLS) and Internet protocol (IP), including emerging standards for the coming generation of voice over optical packet networks. NetPlane joins Conexant`s Network Access Division, but will continue to develop, market, and sell products under the NetPlane name.

[lonesome loser]

Terayon Joins with Conexant to Develop Family of Cable Modems for North America and Other Broadband Cable Networks Around the World
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Oct. 3, 2000--


Terayon Uses Conexant`s Single-Chip Programmable Cable-Modem Chipset In CableLabs(TM)-Certified Cable Modem

Conexant Systems, Inc. (Nasdaq:CNXT) Tuesday announced that Terayon (Nasdaq:TERN), one of the world`s leading suppliers of broadband network systems, has selected the company`s single-chip programmable cable modem to create a full line of Data Over Cable System Interface Specification (DOCSIS), EuroDOCSIS and EuroModem compatible products.

Terayon`s TeraJet 310 cable modem, incorporating Conexant`s cable-modem chip, was certified last week by CableLabs, a cable industry consortium, as meeting the DOCSIS cable-modem standard.

"We are very excited about the capabilities we gain by working with Conexant, the only chip supplier with a programmable solution that gives us the flexibility to add our own unique software features, and support multiple worldwide standards with a common hardware platform," said Shlomo Rakib, president and chief technology officer for Terayon.

"Conexant has complemented its excellent cable-modem chip with outstanding technical support capabilities that have helped us meet our time-to-market goals."

Conexant`s CN9414 single-chip cable modem is the only device of its kind to include a programmable media access control (MAC) layer. This enables customers to develop products that can be field-upgraded to support new feature sets and industry standards via network software downloads, rather than having to redesign them using new chips.

Conexant`s cable modem is also the first of its kind to include a microprocessor and other key functions, that until now, were expensive add-on requirements for building a complete cable-modem product.

It is supported by a complete reference design that is the first from a single supplier to include all necessary silicon and software for creating a complete subscriber modem that can support all popular worldwide cable-modem standards.

"Terayon is one of the industry`s leading cable-modem suppliers, and we are pleased to be working with them to develop a broad range of products to meet the world`s growing demand for broadband services," said Dan Marotta, vice president and general manager of Conexant`s Digital Infotainment Division.

"We will be working closely with Terayon on a variety of initiatives that will exploit our streamlined architecture, programmable MAC layer and broad technology portfolio to give them a competitive advantage in the marketplace and a fast-track roadmap to new capabilities."

The Terayon TeraJet 310 joins a number of cable-modem designs using Conexant`s CN9414 solution to meet the DOCSIS 1.0 cable-modem standard established by CableLabs. These include breakthrough products that are the first to include a peripheral component interconnect (PCI) interface so that consumers will be able to purchase PCs with built-in always-on, high-speed cable modems.

[yaci]

Was ist blos mit Conexant los.

Nur die besten Analystenmeinungen und der Kurs fällt andauern.
Bin schwer am überlegen ob ich bei den Kursen nich nochmal nachlege.

Würde aber gerne in einen Wireless Fond Investieren. Kennt
von euch jemand einen außer den BfG Concept Wireless ?

[Rbroker]

Hi yaci,
meine Rübe brennt auch vom überlegen, ob ich nachkaufe. Habe aber leide3r kein cash mehr frei. Wollte deshalb fast Madge Netw. verkaufen, aber die haben evtl. mehr Power. Kacke, wie macht mans blos richtig?
Habe schon C. bei 46,5 Eu. Denke wohl, daß die Rally allgemein bald losgehen wird und wir uns wieder bei 90 sehen. Oder?
MfG Rbroker

[wallfisch]

Wollte vor 2 Stunden schon kaufen ..
Fasst ins fallende Messer gefasst

Wäre nicht das 1. Mal ( INTEL...)

Abwarten ist angesagt !!

w

[yaci]

Hi RBroker,

heute gehts ja mit Conexant wieder aufwärts.

Ich beschäftige mich schon länger mit C. Vorallem mit deren Produkten aus technischer Sicht (Studium Mikrosystemtechnik).
Bin wegen Thema Bluetooth auf C. aufmerksam geworden. Bluetooth steck ja zur Zeit noch in den Kinderschuhen (Thema Stromaufnahme),
so dass ich denke das zuert Potential in Bürokommunikation besteht und in einiger Zeit dann auch für Handys etc.

Auffällig ist, das bei den Bluetooth Entwicklerseminaren immer wieder die Bluetoothchips von National Semicondutor vertreten sind.
Ich werd den Wert weiter im Auge behalten, erscheint mir günstig bewertet. Noch interessant an National, die haben einen
CMOS-Chip für Digitale Bildverarbeitung und scheinen hier technisch sehr gut zu sein. Muß mich hier noch schlau machen.

Ansonsten bin ich im Techsector noch in Mot und Atmel investiert. Bin günstig reingekommen, darum tut die Kursentwichlung der
letzten Wochen noch nicht weh.

mfg yaci

[lonesome loser]

By Deborah Adamson, CBS.MarketWatch.com
Last Update: 2:09 PM ET Oct 6, 2000 NewsWatch
Latest headlines

SAN JOSE (CBS.MW) - It`s a stock picker`s market.

And Malcolm R. Fobes III - that`s not a typo - is a stock picker to watch. He`s the
portfolio manager of the Berkshire Focus Fund (BFOCX: news, chart), which is the best
performing large-cap fund in the country with a year-to-date return of 55 percent.

Focus had an auspicious start.

"My goal is to get the best returns for shareholders. We`ll go where we think those
returns will be delivered."

Malcolm R. Fobes III
Berkshire Focus

In the first year of this 3-year-old fund, Mutual Fund magazine named it "Rookie Fund of
the Year." In 1998, the fund racked up a 104 percent return, making it the fifth best fund
in the country overall. Last year, Focus rose 142 percent, landing at the top of U.S.
large-cap growth funds. The fund has grown from $300,000 in assets at the end of 1998
to $375 million today.

What`s particularly noteworthy is that in a market characterized by a tech stock
meltdown, the no-load fund rode these stocks to success.

Guess what? Berkshire is not a technology fund.

"My goal is to get the best returns for shareholders. We`ll go where we think those
returns will be delivered," said Fobes, in an interview with CBS.MarketWatch.com. "We
think technology is where the best returns will be in the next five years. As a result, our
Focus fund has been, and probably will be, heavily weighted in technology."

Part of the fund`s success hinged on knowing when to take a profit. Earlier this year, just
before tech`s downturn, Fobes sold Qualcomm (QCOM: news, chart), Yahoo (YHOO:
news, chart), Microsoft (MSFT: news, chart) and America Online (AOL: news, chart).
Fobes saw better opportunities elsewhere.

CBS.MW: The market`s had a terrible time lately, and tech stocks have been badly
battered. Do you see any tech bargains?

Fobes:bold There are some tech bargains out there. One that we`re looking at is
Conexant (CNXT: news, chart). They`re spinning off the network division. That division,
based on our valuation analysis, could be worth as much as 50 to 100 percent more
than the combined entities today.bold

[lonesome loser]

Was sich Conexant so alles unter den Nagel gerissen hat....


Recent Acquisitions:

· Maker Communications: In December 1999, Conexant announced its intention to acquire Maker Communications, the industry`s leading provider of programmable, high-performance network processors, software solutions and development tools. This acquisition will create the industry`s broadest portfolio of network processor and physical layer semiconductor products for the Internet infrastructure, and will enable a level of systems integration unmatched by any other communications semiconductor company.
[ www.maker.com ]

· Microcosm Communications: In January 2000, Conexant announced the acquisition of Microcosm Communications, based in Bristol, United Kingdom, a leading supplier of high-speed integrated circuits for fiber-optic communications. Founded in 1995, Microcosm was the first company to deliver optical networking components based on CMOS process technology. The acquisition extends Conexant`s optical networking portfolio across the entire spectrum of optical networking transceiver solutions, from OC-3 to OC-192 speeds.
[ www.mcosm-ic.com ]

· Oak Technology Limited: Also in January, Conexant announced the acquisition of the wireless broadband business unit of Oak Technology, Inc. located in Bristol, United Kingdom. The organization was responsible for the algorithms, architecture and systems engineering expertise for the world`s first single-chip 2K/8K coded orthogonal frequency-division multiplexing (COFDM) demodulator/decoder, the OTI-7000. The acquisition significantly extends Conexant`s reach from the digital cable and satellite TV market segments into the digital terrestrial TV broadband communications arena.
[ www.oaktech.com ]

· Philsar Semiconductor Inc.: In April 2000, Conexant announced an agreement to acquire Philsar Semiconductor Inc. of Ottawa, Ontario, Canada. Philsar is a privately held, leading developer of RF semiconductor solutions for personal wireless connectivity, including emerging standards such as Bluetooth and RF components for 3G digital cellular handsets.
[ www.philsar.com ]

· Applied Telecom, Inc.: Also in April, Conexant announced its acquisition of Applied Telecom, Inc. of Lisle, Ill. Applied Telecom is a leading supplier of telecommunications software and hardware products to the industry`s top communications equipment companies. Applied Telecom`s family of software and hardware products includes telecommunications system software solutions that make it easier to integrate silicon into complete physical-layer system designs, physical-layer interface modules and inverse-multiplexing ATM (IMA) products.
[ www.apptel.com ]

· Sierra Imaging, Inc.: Conexant announced its intentions to acquire Sierra Imaging, Inc. of Scotts Valley, Calif. in May 2000. Founded in 1994, Sierra Imaging helped pioneer the development of software and silicon digital image-processing solutions for the fast-growing digital still camera market. The combination of Sierra`s "back-end" digital image processors and image management software, together with Conexant`s "front-end" CMOS image sensors, offers digital camera manufacturers the industry`s first complete camera solution.
[ www.sierraimaging.com ]

· HotRail Inc.: In June 2000, Conexant announced plans to acquire HotRail Inc., a pioneer of integrated CMOS high-speed switching and interconnectivity. HotRail`s high-speed switch fabric and backplane channel technology will enable Conexant
to deliver complete system solutions for next-generation Internet infrastructure equipment, including multi-terabit routers, ATM/IP switches, gigabit Ethernet switches and
optical networking equipment. Conexant`s product portfolio
will now span a complete array of networking system components, from physical layer line interfaces to network processors to switch fabrics.
[ www.hotrail.com ]

· NetPlane Systems: Conexant announced its plans to
acquire NetPlane™ Systems in July 2000. The Dedham,
Massachusetts-based company has extensive experience in frame relay, ATM, multiprotocol label switching (MPLS) and IP technologies, as well as emerging standards for the coming generation of voice over optical packet networks. NetPlane`s software offering will complement Conexant`s communications semiconductor portfolio and accelerate the company`s entry
into the network-switching business.
[ www.netplane.com ]

· Novanet Semiconductor: Also in July, Conexant announced plans to acquire Novanet Semiconductor, a fabless designer of high-speed physical layer networking solutions, located in Ra`anana, Israel. The acquisition will enable Conexant to speed the development of high-speed devices in its optical-networking portfolio, particularly OC-48 (2.4 Gbps) solutions that support the worldwide synchronous optical network (SONET) and synchronous digital hierarchy (SDH) standards.
[ www.novanetsemi.com ]

[Rbroker]

Hi Leute,
gibt es etwas neues zu conexant was ich eventuell verpaßt habe?
Wie sonst kann der Kurs heute so nachgeben. Oder liegt es eben ganz einfach nur am allgemeinen negativen Trend. morgen ist endlich der 19.10. und ich hoffe, daß alle Bullen-Gurus Recht haben, daß dann endlich die Kurse wieder nach Norden gehen.
MfG Rbroker

[dow100000]

Wer Morgen nicht kauft ist selber schuld
Kannst in drei Monaten um die 100% machen
Die heutige Reaktion ist völlig übertrieben
Grundsolides Unternehmen

[Luxemburger]

Jetzt bin ich aber bedient.

Rekordergebnis aber Gewinnwarnung für Q4.......toll

Gestern -35% super

[axron]

sag mal, irgendwie komm ich mir verarscht vor. Conexant gibt an, die SCHWACHE NACHFRAGE nach Bauteilen für MOBILTELEFONE und PCs sei der Grund für die Gewinnwarnung. HÄ????
1. Es gibt doch immer noch so etwas, wie das Weihnachtgeschäft, in der klassischerweise PCs und Handys über den Ladentisch gehen wie warme Semmeln.
2. Ist die UMTS-Phantasie denn überhaupt kein Thema mehr? Jeder Trottel weiß mittlererweile, daß die Gewinner die Zulieferer sein werden, egal wie es mit UMTS aussieht.

So, vor diesem Hintergrund wollen die mir tatsächlich weismachen,
daß die NACHFRAGE schwach ist? Kann mir das irgendjemand erklären?


Gruß,
axron

[WarrantDealer]

@axron and @all

Der Punkt ist, daß es eine Umsatz- und nicht Gewinnwarnung gab. Hinsichtlich der Gewinne sind die Erwartungen der Analstenbrut in vollem Umfang erfüllt worden. Nachzulesen z.B. unter

http://biz.yahoo.com/rf/001018/n18170097.html

Bekanntlich wird ja bei New-Economy-Werten wie CNXT zu einem nicht unerheblichen Teil die zukünftige Wachstumsentwicklung mitbezahlt. Deshalb ist es erforderlich, daß sowohl Gewinn- als auch Umsatzentwicklung den Erwartungen nicht nur entspricht, sondern sie möglichst deutlich übertrifft. Zumal gerade die Umsatz- und nicht die Gewinnentwicklung das künftige Wachstum indiziert.

Ich weiß nicht, ob Du den immerhin 10-seitigen Quartalsbericht gelesen hast, will aber hier die wichtigsten Punkte zur Geschäftsentwicklung nochmal strukturiert zusammenfassen (Zahlen alle aufs Quartal bezogen):

1.) Network Access Division (Internet Infrastrukturbereich): Umsatz 180,2 Mio. US-$, Steigerung gegenüber Vorjahreszeitraum: 70 %. Das ist absoluter Rekord, besonders der WAN-Bereich lief gut.
2.) Personal Networking Division gliedert sich in
a) Digital Infotainment (Breitbandprodukte): Umsatz 79,5 Mio. US-$, Steigerung 48 %,
b) Personal Imaging (Produkte für Peripheriegeräte wie Fax, Modem usw.): Umsatz 32,9 Mio. US-$, Steigerung 18%,
c) Wireless Communications (Bauteile für Handys usw.): Umsatz 99,3 Mio. US-$, Steigerung 5 %.
Hier gab es offenbar insbesondere in Korea (CDMA-Standard) Probleme. GSM-Produkte (Europa und geringe Teile Nordamerikas) hingegen liefen sehr gut.
3.) Personal Computing (z.B. PC, DSL): 169,9 Mio. US-$, Steigerung 0 %. Zurückgeführt wird das hier enttäuschende Resultat vor allem auf den angespannten PC-Markt (vgl. Intel, Apple usw.). Stark war man im Bereich DSL.

Insgesamt ergibt sich (zzgl. anderer Quellen) ein Quartalsumsatz von 722,9 Mio. US-$, was einer Steigerung von gerade mal 15 % entspricht.

Der Quartalsbericht ist zu finden unter :
http://biz.yahoo.com/bw/001018/ca_conexan.html

Man sieht, daß CNXT insbesondere in wichtigen Wachstumsbereichen schwach war: Nämlich im Handy- und PC-Markt. Entscheidend ist auch, daß gerade diese Felder große Posten gemessen am Gesamtumsatz ausmachen. U. a. daraus folgen als aktuellste Probleme von CNXT aus meiner Sicht:

- Gemischtwarenladen, die stark wachsenden Bereiche können kaum oder gar nicht die schwächelnden auffangen; für viele (nicht professionelle) Beobachter dürfte auch der ganze Laden zu komplex strukturiert sein;
- 10 Übernahmen dieses Jahr, das geht zu Lasten der Margen;
- Herabstufung der Kreditwürdigkeit durch Standard & Poor´s nach der Ankündigung, des spin-off des Infrastrukturbereichs;
- Traditionell schwaches Quartal (Sommer/Herbst);
- Gebashe durch Analysten. Selbige blasen allerdings bald wieder zum Einstieg. Jedoch nicht, ohne sich und die von ihnen betreuten Fonds zuvor kräftig eingedeckt zu haben. Wer von Euch verkauft? Ich jedenfalls nicht. Nicht an die und nicht zu diesem Zeitpunkt!

Grundsätzlich läßt sich aus meiner Erfahrung sagen: Ein Verkauf im Tief ist einfach schwachsinnig, es sei denn, es ergeben sich wirklich stichhaltige Gründe hierfür: Geschäftsentwicklung läuft völlig aus dem Ruder, Unternehmensführung hat vorsätzlich falsche Angaben gemacht, Ziele werden grob verfehlt, Story ist kaputt usw (Bsp: CMGI, ICGE). Davon kann aber bei CNXT keine Rede sein, wie oben dargestellt. Daher meine Meinung: Cool bleiben, trotz aller Skepsis, die vielleicht angebracht ist. Außerdem geht´s ja heut wieder aufwärts. Ich bin allerdings froh, einen (kleinen) Teil meiner shares nach dem fulminanten Anstieg im September veräußert zu haben. Das sollte man das nächste Mal vielleicht wieder in Erwägung ziehen...

Hoffe, ich konnte ein wenig zur Aufklärung beitragen.

Gruß,
WarrantDealer

[WarrantDealer]

Der Vollständigkeit halber auch der neueste Analysten-Schmarrn:

Morning Comments from SG Cowen
10/19/00 8:26:21 AM
Source: SG Cowen
San Francisco, CA, October 18, 2000, 8:15 PST
Visit the CNET Brokerage Center for daily reports from the top Wall Street analysts.
Conexant; Downgrade – Buy
Uncertainty increases, but sum of parts still likely worth more than whole. FQ4 EPS were $0.18 (vs. $0.18), in line with lowered guidance. CNXT $26

Immerhin wird hier eingestanden, daß die Summe der Teile mehr wert sein dürfte, als der Laden als Ganzes. Ist ja auch was!

So, jetzt sind auch mal von Euch Meinungen gefragt! Machst Du den Anfang, lonesome loser? Oder Du, Luxemburger?

Gruß vom Rheinländer
WarrantDealer

P.S. Oder solltet Ihr schon alle ausgestiegen sein? Kann ich mir ja nicht vorstellen...

[lonesome loser]

Conexant Systems, Inc. (Nasdaq: CNXT, news, msgs) ($26.31)
F2001 EPS: $0.69 from $1.06
Buy
Arun Veerappan, Communications Components/Semiconductor Devices
"Conexant reported fourth quarter results, with revenue of $561.4 million,
which was about 1% lower than our estimate," said Veerappan. "Gross margin
of 45.8% was down 105bps versus the prior quarter and 105bps lower than
our estimate. Operating expenses were $197 million, about $3 million lower
than we forecasted. As a result, operating margin was 10.6%, 69bps lower
than our estimate. EPS of $0.18 was in-line with consensus and our
estimate. Importantly, Conexant reiterated its target date of January 2001
for the sub-IPO of its Internet Infrastructure business. Based on
Conexant`s performance during the September quarter, we are lowering our
December quarter revenue and EPS estimates. In addition, we are lowering
our fiscal 2001 EPS estimate from $1.06 to $0.69 on revenues of $2,437
million. We continue to believe that Conexant is a key player in the
communications IC space, and believe the shares are attractive from a
valuation perspective at these levels. Therefore, we are reinstating a Buy
rating on the company`s stock."

[Luxemburger]

CNXT ist ne TopFirma, warum die jetzt wieder etwas unter die Räder gekommen ist ??
Naja ich denke die Zahlen waren gut, nur war des mit der Gewinnwarnung fürs nächste Quartal nicht so glücklich.

Ich bleibe auf jeden Fall long drin, ich denke dass nicht nur wegen der Aufteilung enormes Potenzial drin ist.

Bis denne

[WarrantDealer]

http://www.wallstreetonline.de/news/news3/index.php3?jump=/n…

QuickLogic hebt ab: Zusammenarbeit mit Conexant

QuickLogic (Nasdaq: QUIK) und Conexant Systems (Nasdaq: CNXT) haben heute eine vielversprechende Zusammenarbeit angekündigt. Conexants SkyRail-Technologie serieller Transceiver wird in QuickLogics QuickSD Produktfamilie eingebaut.

Die neuen Bausteine stellen leistungsfähige, schnell zu implementierende Lösungen für alle die Designer dar, die innerhalb von Routern, 3G (UMTS) Basisstationen, Speichernetzwerk-Geräten (SAN) usw. hohe Übertragungsbandbreiten benötigen. SkyRail ist zu InfiniBand, Fiberchannel, Gigabit- und 10-Gigabit Ethernet Standards kompatibel.

Die Partnerschaft führt zu für die Telekommunikation hochinteressanten Produkten, die hohe Kommunikationsgeschwindigkeit mit Kunden-programmierbarer Logik und weiteren, in diesem Zusammenhang häufig benötigten Funktionsblöcken verbindet.

QuickLogic wurde von den Erfindern der PAL-Technologie, einem Vorläufer heutiger programmierbarer Logik, 1988 gegründet und bietet vom Kunden programmierbare Logikbausteine mit besonders hohen Taktfrequenzen an. Das Unternehmen hat im Geschäftsjahr 1999 (Dezember) knapp 40 Mio. US-Dollar umgesetzt.

Conexant liefert Halbleiter für die Internet Infrastruktur einerseits, für “Personal Networking“ andererseits. Umsatz im letzten Geschäftsjahr 2,1 Mrd. US-Dollar.

Die QUIK-Aktie steigt angesichts wiederkehrender Telekommunikationsphantasie um 22 Prozent auf 15-9/16 US-Dollar. 52-Wochen Bereich zwischen 8-3/4 und 44-3/4 US-Dollar. Der Philadelphia Semiconductor Index steigt “lediglich“ um 3,2 Prozent auf 777 Punkte.

19:20 23.10 Klaus Singer